Mitt Romney

Attaking Tax Loopholes, Obama Takes Aim at Carried Interest

On Sunday, President Obama went on the offensive against the carried interest tax rate. In a nutshell, this tax break allows super-rich hedge fund managers to sidestep a large portion of their tax bills with Wall Street slight of hand.

Obama's New Health Insurance Markets Are on the Way

This fall, new insurance markets called exchanges will open in every state, marking the debut of President Barack Obama's health care overhaul, the Affordable Care Act. The goal is quality coverage for millions of uninsured people. But the devil is in the details

Fiscal Cliff Averted: 6 Things You Can Stop Worrying About

After months of lead-up, America finally went over the fiscal cliff -- for about 34 hours, before a bipartisan compromise was reached. So, with an eye toward the bright side, here's are six things that you no longer need to worry about now that the fiscal cliff has been averted.

Top 10 Business Stories of 2012

This would be the year when the global economy finally regained its vigor. At least that's what many had hoped. It didn't happen. So what were the top ten business stories of 2012?

The 9 Most Important Financial Stories of 2012

Sometimes the most important news stories get overshadowed by short-term crises and teakettle tempests. With that in mind, we at DailyFinance decided to take a look back at the nine stories of 2012 that are likely to have the biggest impact on your wallet in the year ahead.

Obama, Romney to Meet at White House Thursday

President Barack Obama will host his former political rival Mitt Romney for a private lunch at the White House Thursday, their first meeting since the election. Obama promised in his victory speech earlier this month to engage with Romney following their bitter campaign and consider the Republican's ideas.

Did Tea Party's Top Campaign Donors Tax Themselves?

Tea Party mega-donors poured hundreds of millions into the 2012 election, and one of their key goals was to keep taxes low for the rich. Had Romney won, their investments could have paid off mightily. Here's a look at how what they donated compares with what they'd have saved under Romney.

Karl Rove's Historically Colossal Waste of Money

Karl Rove is the co-founder and senior advisor to American Crossroads, a multifaceted organization that has raised massive amounts of money in order to get Mitt Romney elected to the presidency. That did not work out. Here's how much the super PAC spent on Romney.

What Obama's Second Term Will Mean for Your Personal Economy

Barack Obama has been re-elected as the president of the United States. A nail-bitingly close election, with the economy consistently being named as the top issue, has been decided. Here are a few things to keep in mind for the days to come.

Nate Silver Almost Certainly Has Millions at Stake in Tonight's Election

The other day, Nate Silver proposed a $2,000 bet (for charity) with Joe Scarbrough on the outcome of the election. But let's be honest, the New York Times polling guru has WAY more at stake than that. We're talking millions of dollars on his being right that Obama will stomp Romney in the Electoral College.